Seeking Alpha

Japan is in talks to buy exported U.S. liquefied natural gas from companies including Sempra...

Japan is in talks to buy exported U.S. liquefied natural gas from companies including Sempra (SRE), Dominion (D) and Freeport McMoran (FCX), Bloomberg reports, citing comments from an official at Japan's trade ministry. Japan needs LNG after last March's earthquake rendered 52 of its 54 nuclear reactors inoperable. Cheniere Energy (LNG +8.8%) surges, even though it isn't mentioned in the report.
Comments (3)
  • Seems like most investors missing out on ECA. LNG will hopefully build a LNG terminal in Louisiana (they are planning too I believe) shoots up but ECA which already owns and operates a terminal in Louisiana for LNG doesn't?

     

    Disclosure: Own FCX, LNG, ECA stocks
    1 Mar 2012, 02:56 PM Reply Like
  • I don't see anything that links Freeport LNG to Freeport McMoran (FCX).
    2 Mar 2012, 03:17 AM Reply Like
  • This surge is odd considering the debt the company has, This is a pump and get traders out of their shorts, Litteraly
    4 Mar 2012, 02:30 PM Reply Like
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